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Burjeel Holdings (ADX:BURJEEL) Accounts Receivable : د.إ2,615 Mil (As of Sep. 2024)


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What is Burjeel Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Burjeel Holdings's accounts receivables for the quarter that ended in Sep. 2024 was د.إ2,615 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Burjeel Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 185.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Burjeel Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was د.إ-0.29.


Burjeel Holdings Accounts Receivable Historical Data

The historical data trend for Burjeel Holdings's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Burjeel Holdings Accounts Receivable Chart

Burjeel Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - 815.04 1,051.77 1,400.75

Burjeel Holdings Quarterly Data
Dec19 Dec20 Mar21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,557.37 1,400.75 1,828.01 1,934.78 2,614.51

Burjeel Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Burjeel Holdings Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Burjeel Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2614.505/1288.555*91
=185.15

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Burjeel Holdings's accounts receivable are only considered to be worth 75% of book value:

Burjeel Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(134.077+0.75 * 2614.505+0.5 * 261.161-3706.85
-0-49.588)/5205.134
=-0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Burjeel Holdings Accounts Receivable Related Terms

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Burjeel Holdings Business Description

Traded in Other Exchanges
N/A
Address
402-D02, Al Sarab Tower, 15th Floor, Abu Dhabi Global Market Square, Maryah Island, Abu Dhabi, ARE
Burjeel Holdings PLC is one of the leading private healthcare service providers in the UAE and Oman. The principal activity of the Company is to act as a holding company (Proprietary Investment Company) for the entities within the Group. The principal activities of the subsidiaries are to provide multi-speciality hospitals, medical, surgical and dental services and sale of pharmaceutical goods and medical equipmentThe company provides services such as polyclinics and speciality medical centres with dental, cosmetic, home care services, specialised orthopaedics centres, and IVF centres.

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